
Eaton under Black CEO Craig Arnold reports Q1 2024 sales topping $5.9 billion
The Arnold-led intelligent power management company benefited from robust demand in its Electrical Americas segment.
The Arnold-led intelligent power management company benefited from robust demand in its Electrical Americas segment.
This setback follows a period of notable loss of $6.2 million between April 5 and 13, when Arnold’s stake in Eaton decreased from $170.89 million to $164.68 million.
The award recognizes Eaton’s $200-million-plus investments in clean energy projects and workforce training across facilities in Texas and Wisconsin.
The market value of Arnold’s stake in the company has declined by $6.21 million over the past eight days, dropping from $170.89 million on April 5 to $164.68 million.
Arnold, recognized as one of America’s leading executives, holds a beneficial 0.13-percent stake in the power management company, or 517,061 shares.
Eaton’s Chairman and CEO, Arnold, who assumed office on June 1, 2016, holds a 0.13 percent stake in the company, equivalent to 517,061 shares.
Arnold, who ranks as one of America’s leading executives, owns a beneficial 0.13-percent stake in the power management company, or 517,061 shares.
Arnold saw his compensation from the power management company decline by 37.7 percent from his previous year’s pay of $19.37 million.
Arnold assumed the roles of chairman and CEO of Eaton on June 1, 2016. He owns a beneficial 0.13 percent stake in the power company.